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General

Go Internet H1 revenues fall 7% to EUR 2.9 mln on Covid impact

Wednesday 30 September 2020 | 11:07 CET | News
Italian regional operator Go Internet reported revenues of EUR 2.93 million in the first half of 2020, down 7 percent compared to the H1 2019 total of EUR 3.16 million, attributed to the loss of Wimax customers and the impact of the Covid-19 pandemic. The company's H1 Ebitda fell 68 percent year on year to EUR 0.45 million from EUR 1.42 million a year earlier, the latter figure positively affected by non-recurring items. Net financial debt was EUR 9.4 million on 30 June, compared to EUR 8.2 million at the end of 2019.

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Categories: General
Companies: GO Internet
Countries: Italy
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